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Probabilistic order level system with lead time when delay in payments are permissible

โœ Scribed by Nita H. Shah

Book ID
110558920
Publisher
Springer-Verlag
Year
1997
Tongue
English
Weight
276 KB
Volume
5
Category
Article
ISSN
1134-5764

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Probabilistic time-scheduling model for
Probabilistic time-scheduling model for an exponentially decaying inventory when delays in payments are permissible
โœ Nita.H. Shah ๐Ÿ“‚ Article ๐Ÿ“… 1993 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 375 KB

## A probabilistic time-scheduling model is developed for an exponentially decaying inventory when the supplier offers some credit period T\* for settling the accounts for the purchase quantity. The credit period T\* is known constant. Mathematical models are derived for both the cases (i) T\* < T